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Fly News Breaks for August 15, 2016
HRB
Aug 15, 2016 | 10:55 EDT
BTIG analyst Mark Palmer says buyout speculation in H&R Block (HRB) is "realistic enough" that short sellers in the name should look for other opportunities. A consumer finance-focused private equity firm having interest in H&R is "not farfetched," Palmer tells investors in a research note following Friday's takeover speculation. The analyst has a Neutral rating on the shares. H&R is down 9c to $24.46 in morning trading.
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